Durable Capital Partners LP, 10% Owner at Duolingo (NASDAQ:DUOL), reported a large insider sell on October 4, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that LP sold 9,974 shares of Duolingo. The total transaction amounted to $1,676,928.
Duolingo shares are trading down 0.08% at $163.0 at the time of this writing on Thursday morning.
Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.
The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however, ...